NOT LISTED FOR SALE

2920 SE 53rd Ct Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $429,865 - $498,000

8 Beds
8 Baths
3,417 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $425,000 $124 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,028/month

106 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Heating Available
  • Forest High School Rated A-
  • Central Air

About This Home

As of March 2023

Perfect 1031 exchange/ Investor Opportunity that is turnkey!!! All units are fully occupied. Two leases are $1050 a month & two are $1000 a month all could be increased to $1300-$1400 a month. Yearly leases. Quadplex is located in the fast-growing Ocala market. Metal roof was just installed in 2018. All 4 HVAC units were replaced in 2018. Solid wood, soft close kitchen cabinets with laminate countertops in kitchen and both bathrooms. Every unit was completely remodeled in 2018, also has VCT flooring throughout all units. Tenants pay for electric and water. This quad has (4) 2bed/ 2 bath units. Laundry hookup inside and private fenced patios outside. There is a waiting list for these units!

Last Agent to Sell the Property

Whitney Fowler

PLATINUM HOMES AND LAND REALTY License #3282740 Listed on: 10/12/2022

Last Buyer's Agent

Pablo Cintron

OLYMPUS EXECUTIVE REALTY INC License #3476105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1984 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

HOA Fees

  • $47 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,417 Sq Ft Home
  • Open Floorplan

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Year Built

Built in 1984 | Newly Remodeled

Lot Details

0

HOA Fees

$47 per month

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.25
  • New Construction: Yes
  • Year Built: 1984
  • Lot Size Sq Ft: 10890
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM647313?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM647313?w=Customer
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99068
  • Price per Sq Ft: 124.38
  • Close to Original List Price Ratio: 0.91398
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Phone: (352) 812-8086
  • Association: No
  • Senior Community: No
  • Association Website: https://www.vinemgt.com/
  • Association Email: info@vinemgt.com
  • Association #2 Fee: 47.43
  • Association #2 Fee Frequency: Monthly
  • Association: Vine Management

Fee Information

  • Total Annual Fees: 569.16
  • Total Monthly Fees: 47.43

Lot Info

  • Zoning: R3
  • Parcel Number: 29698-001-11
  • Additional Parcels: No
  • Lot Dimensions: 100x110
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1050

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3796.91
  • Tax Block: A
  • Tax Book Number: W-029
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Demas Bradley Nathan and Demas Fernanda Miranda
Bought by
Ocala Realty Ventures Llc
Current Estimated Value
$470,966

Purchase Details

Listed on
Oct 12, 2022
Closed on
Mar 1, 2023
Sold by
Mortgage Solutions & Investment Properti
Bought by
Demas Fernanda Miranda and Demas Bradley Nathan
Seller's Agent
Whitney Fowler
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Pablo Cintron
OLYMPUS EXECUTIVE REALTY INC
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$318,750
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 31, 2017
Sold by
Open Range Properties Llc
Bought by
Mortgage Solutions And Investments Llc
Seller's Agent
Courtney Moody
NEXTHOME PROFESSIONAL REALTY
Buyer's Agent
Whitney Fowler
PLATINUM HOMES AND LAND REALTY
List Price
$79,000
Sold Price
$83,501
Premium/Discount to List
$4,501
5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.21%

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 1, 2017
Sold by
Davis Edward A
Bought by
Open Range Properties Llc
Seller's Agent
Courtney Moody
NEXTHOME PROFESSIONAL REALTY
Buyer's Agent
Whitney Fowler
PLATINUM HOMES AND LAND REALTY
List Price
$79,000
Sold Price
$83,501
Premium/Discount to List
$4,501
5.7%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Davis William J
Bought by
Davis Edward A

Purchase Details

Closed on
May 18, 2007
Sold by
Davis Family Holding Co Llc
Bought by
Davis Jean K and Davis Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
Davis Nina L
Bought by
Davis Family Holding Company Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocala Realty Ventures Llc $100 None Listed On Document
Demas Fernanda Miranda $425,000 True Title
Mortgage Solutions And Investments Llc $83,600 The Whitworht Title Group In
Open Range Properties Llc $44,700 None Available
Davis Edward A -- Attorney
Davis Jean K $255,000 All American Land Title Insu
Davis Family Holding Company Llc $67,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demas Fernanda Miranda $318,750
Previous Owner Davis Jean K $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2023 03/13/23 Sold $425,000 -0.9% $124 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/22/2022 12/22/22 For Sale $429,000 0.0% $126 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $429,000 -2.3% $126 / Sq Ft
11/28/2022 11/28/22 Price Changed $439,000 -4.4% $128 / Sq Ft
10/30/2022 10/30/22 Price Changed $459,000 -1.3% $134 / Sq Ft
10/18/2022 10/18/22 For Sale $465,000 0.0% $136 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $465,000 +456.9% $136 / Sq Ft
08/31/2017 08/31/17 Sold $83,501 +5.7% $24 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $79,000 -- $23 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,039 $312,120 $25,000 $287,120
2023 $6,039 $190,864 $0 $0
2022 $4,319 $173,513 $0 $0
2021 $3,797 $165,240 $20,000 $145,240
2020 $3,585 $151,470 $20,000 $131,470
2019 $3,448 $145,860 $20,000 $125,860
2018 $2,289 $71,586 $20,000 $51,586
2017 $2,864 $107,100 $19,580 $87,520
2016 $2,770 $103,179 $0 $0
2015 $2,652 $93,799 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Whitney Fowler

    Seller's Agent in 2023

    Whitney Fowler

    PLATINUM HOMES AND LAND REALTY

    (352) 427-5066

    54 in this area

    435 Total Sales

    Whitney Fowler
    Section Image
  • Pablo Cintron

    Buyer's Agent in 2023

    Pablo Cintron

    OLYMPUS EXECUTIVE REALTY INC

    (407) 232-1819

    2 in this area

    104 Total Sales

    Pablo Cintron
    Section Image
  • Courtney Moody

    Seller's Agent in 2017

    Courtney Moody

    NEXTHOME PROFESSIONAL REALTY

    (352) 572-6940

    23 in this area

    124 Total Sales

    Courtney Moody
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM647313

Stellar MLS

APN: 29698-001-11

Florida Marion County Ocala 34480 Silver Spring Shores

2920 SE 53rd Ct, Ocala, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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